US stocks turned upwards on Friday as positive economic data emerged from Europe and some comforting comments came from St Louis Fed President James Bullard, as he clarified in an interview that the main message of his earlier speech was that the Fed’s easy monetary policy is “going to stay for a long time”. While [...]

US stocks opened lower and extended losses into the close, with minutes from the last FOMC meeting highlighting a divergence between the Fed’s central bankers on whether to ease QE measures. Although not too harsh in its wording, the statement did disappoint those who were expecting the Fed to be more supportive of maintaining the [...]

US exchanges were closed for President’s Day, which is a federal holiday celebrated on the third Monday in February in honour of George Washington, the first President of the US. Normal exchange hours and trading will take place today. European Stocks finished near the flatline, with French, German and Swedish indices posting upside in the [...]

US stocks fluctuated, with the market posting modest gains out of the open before losing momentum and then heading into negative territory. The S&P 500 snapped a three-advance as industrial production posted a surprise contraction last month as factories took a breather post the biggest back-to-back gain in three decades. Still the S&P 500 rallied [...]

Australia’s S&P/ASX 200 consolidated today on light volumes, with the index posting light losses out of the open and then climbing steadily throughout the rest of the day to finish almost flat. The index faces potential hurdles from European and U.S. economic data tonight as ECB’s Mario Draghi will speak in Moscow, The Euro-zone will [...]

US stocks finished little changed, albeit the Dow Jones Industrial Average managed to pare a sharp, post-open loss of 60 points as dip buyers picked the market back up in what has been a continued theme for the calendar year-to-date. On the whole the market still lacked a catalyst to break out much higher, but it [...]

US Stocks fluctuated, with the Dow Jones Industrial Average and S&P 500 rallying, but at the expense of the NASDAQ Composite as Apple ($538.79, -6.4%) fell by the most this year on news that the company’s margin requirements are being raise to 60 percent from 30 percent by COR Clearing. Furthermore, investors expressed worries that [...]

US Stocks fluctuated, with the market lacking firm direction as hopes for a quick resolution to the fiscal cliff continued to dissipate, while an absence of supportive economic data ahead of Friday’s almighty jobs report further netted a theme of caution amongst participants. Subsequently, the S&P 500 finished below its 100-Day Moving Average, prompting commentary [...]

US Stocks advanced, sending the S&P 500 to a three-week high as investors speculated that lawmakers will reach an agreement in federal budget negotiations, while data on the health of the housing market continued to inspire. Intraday volatility, however, remained with the market briefly erasing gains as John Boehner said to reporters that “no substantive [...]

US Stocks advanced, with the Dow Jones Industrial Average wiping out an initial markdown of 112 points as Speaker of the House John Boehner and Obama gave remarks which fuelled optimism that an agreement can be reached in budget negotiations. Specifically, Boehner commented that he is hopeful lawmakers can “avert this crisis sooner rather than [...]